The bioplastics industry is growing rapidly, thanks to increasing demand from a wide range of applications, according to a new bioplastics market report published this week. The global bioplastics market is set to hit nearly 2 million tons in terms of volume in five years time, which is effectively four times the size of the market in 2007. The 376 report highlights and analyses bioplastics markets, providing market size, growth and key market trends.

Bioplastics are being increasingly used in a growing range of end-use markets, including automotive, consumer electronics, food and the medical industry. Notably, major companies are beginning to adopt bioplastics in their processes and applications. For example AT&T has introduced sugar cane PE for its packaging of some consumer devices. Coca-Cola is using PlantBottle packaging in a new spring water facility in Africa. Nestle, the global food giant, is working on 30 projects to use more bioplastics in its packaging. Some of Danone's dairy products use Braskem's sugar cane polyethylene plastic.

The automotive industry is also getting in on the act. Toyota has adopted bio-PET in some of its internal car trim. Even Fuji Xerox is using bioplastics in its copiers, adopting polylactic acid in some of its plastics parts.

Bioplastics have evolved to play a vital role in a number of end use industries, such as packaging, agriculture, gastronomy, consumer electronics, medical and automotive, among others. These materials have found application in developing products designed for the short-term, including mulch films, catering products, packaging and waste bags.

Full Report Details: http://www.companiesandmarkets.com/Market-Report/bioplastics-a-global-market-overview-745134.asp